The weaker the U.S. dollar gets, the better things look for
many of the top industrial stocks, and there is a very simple reason why. Many
of the top industrial stocks do a tremendous amount of their overall business
and sales outside of the United States. The stronger the dollar is, the more
expensive the products they make and sell become. It’s a good bet that the
dollar stays weaker, as the Federal Reserve is in no position to raise interest
rates, perhaps for the rest of this year. That is a move that should help the
industrial sector.
One of the analyst firms we cover here at 24/7 Wall St. is
UBS, and its analysts are modestly positive with the overall sector. They
have the industrial sector as a whole rated Neutral, and they favor the
transportation subsector overall. UBS has four stocks on its list that are
the equity preference or bellwether members that pay solid dividends.
Let's take a closer look for those four...
Source: 24/7
Wall St.